| Schedule of revenues disaggregated by market and product |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2022 |
|
|
|
Installation |
|
|
Specialty Distribution |
|
|
Elims |
|
|
Total |
Residential |
|
$ |
563,303 |
|
$ |
236,411 |
|
$ |
(43,421) |
|
$ |
756,293 |
Commercial |
|
|
113,390 |
|
|
215,514 |
|
|
(8,216) |
|
|
320,688 |
Industrial |
|
|
— |
|
|
91,937 |
|
|
— |
|
|
91,937 |
Net sales |
|
$ |
676,693 |
|
$ |
543,862 |
|
$ |
(51,637) |
|
$ |
1,168,918 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2021 |
|
|
|
Installation |
|
|
Specialty Distribution |
|
|
Elims |
|
|
Total |
Residential |
|
$ |
418,077 |
|
$ |
192,045 |
|
$ |
(33,338) |
|
$ |
576,784 |
Commercial |
|
|
114,676 |
|
|
59,556 |
|
|
(8,218) |
|
|
166,014 |
Net sales |
|
$ |
532,753 |
|
$ |
251,601 |
|
$ |
(41,556) |
|
$ |
742,798 |
The following tables present our revenues disaggregated by product (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2022 |
|
|
|
Installation |
|
|
Specialty Distribution |
|
|
Elims |
|
|
Total |
Insulation and accessories |
|
$ |
536,341 |
|
$ |
452,011 |
|
$ |
(43,810) |
|
$ |
944,542 |
Glass and windows |
|
|
51,196 |
|
|
— |
|
|
— |
|
|
51,196 |
Gutters |
|
|
22,957 |
|
|
46,631 |
|
|
(7,002) |
|
|
62,586 |
All other |
|
|
66,199 |
|
|
45,220 |
|
|
(825) |
|
|
110,594 |
Net sales |
|
$ |
676,693 |
|
$ |
543,862 |
|
$ |
(51,637) |
|
$ |
1,168,918 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2021 |
|
|
|
Installation |
|
|
Specialty Distribution |
|
|
Elims |
|
|
Total |
Insulation and accessories |
|
$ |
417,597 |
|
$ |
211,494 |
|
$ |
(34,527) |
|
$ |
594,564 |
Glass and windows |
|
|
43,047 |
|
|
— |
|
|
— |
|
|
43,047 |
Gutters |
|
|
19,358 |
|
|
25,839 |
|
|
(5,305) |
|
|
39,892 |
All other |
|
|
52,751 |
|
|
14,268 |
|
|
(1,724) |
|
|
65,295 |
Net sales |
|
$ |
532,753 |
|
$ |
251,601 |
|
$ |
(41,556) |
|
$ |
742,798 |
|
| Schedule of contract assets and contract liabilities with customers |
The following table represents our contract assets and contract liabilities with customers, in thousands:
|
|
|
|
|
|
|
|
|
Included in Line Item on |
|
As of |
|
Condensed |
|
March 31, |
|
December 31, |
|
Balance Sheets |
|
2022 |
|
2021 |
Contract Assets: |
|
|
|
|
|
|
|
Receivables, unbilled |
Receivables, net |
|
$ |
72,996 |
|
$ |
71,401 |
|
|
|
|
|
|
|
|
Contract Liabilities: |
|
|
|
|
|
|
|
Deferred revenue |
Accrued liabilities |
|
$ |
15,926 |
|
$ |
14,310 |
|